Brief: Savannah Goldfields Says Received Firm Commitments To Raise A$4 Mln
Jan 25 (Reuters) - Savannah Goldfields Ltd SVG.AX :
* RECEIVED FIRM COMMITMENTS TO RAISE A$4 MILLION AT A$0.20
CENTS
PER SHARE
* PROCEEDS OF PLACEMENT TO BE USED FOR PAYMENTS FOR PURCHASE
OF
GEORGETOWN PROJECT & UPGRADES TO GEORGETOWN GOLD PROCESSING
PLANT
* GOLD PRODUCTION FROM AGATE CREEK GOLD MINE AT OVER 4,100
OUNCES
PRODUCED IN DECEMBER QUARTER
Source text for Eikon: ID:nASX5FFDHF
Further company coverage: SVG.AX
((Reuters.Briefs@thomsonreuters.com;))
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